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ChooseFI

018R | Capital Gains Harvesting | Never Pay Taxes Again | Part 2

Apr 14, 2017
Financial expert Jeremy discusses the benefits of capital gains harvesting and tax loss harvesting to minimize taxes. He shares unconventional choices like haggling at the farmer's market and taking advantage of park ticket discounts for young children. Jeremy's story of leaving his job and regaining power from corporate America highlights the importance of financial independence. The podcast also explores strategies for maximizing tax advantages through Roth conversions and investing in taxable accounts. Don't miss the updates on upcoming episodes and topics!
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Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Align spending habits by finding common ground and focusing on cost-effective activities.
  • Understand what brings your spouse happiness and incorporate them into your lives without overspending.

Deep dives

Finding Common Ground in Spending Habits

When one spouse comes from an ultra-wealthy background, it can be challenging to align spending habits. Start by finding common ground and focusing on activities that bring happiness, while also being cost-effective. Experiment with frugal analogs for expensive experiences, such as cooking gourmet meals at home. Small steps can lead to big changes over time.

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